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Tag Archives: Chapter 7

Assignee can set aside bankruptcy stay

The assignee of a security interest in a motor vehicle had standing to set aside the automatic stay in the borrower’s bankruptcy case, even though the assignment hadn’t been recorded in accordance with applicable state law, the 6th Circuit Bankruptcy ...

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Car can be repossessed from debtor after bankruptcy

A creditor could enforce an ipso facto clause in a retail installment contract and repossess a vehicle after the debtor failed to reaffirm the debt in her bankruptcy case, Maryland’s highest court has ruled in answering a certified question from ...

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